Arbitration is an option of mediation and it lets businesses in a dispute work with a neutral authority to hear both sides of the case.
The procedure is faster and more cost-effective than conservative legal channels, exactly like mediation; undeniably, your Better Business Bureau might offer volunteer arbitrators.
Nevertheless, unlike mediation, it’s the arbitrator who makes a decision, a final ruling that both parties are bound to honor. If you would like more information about arbitration or if you need to locate an arbitrator please go to the American Arbitration Association’s website.
If arbitration does not look like a rational solution for you, our law firm focusses on Debt Collection in Florida. Please give us a call.